August 21, 2025 a 02:31 am
Important Key Figures of the last few Days
This week's economic data highlight some critical trends in both the US and European markets. With the Jackson Hole Symposium and FOMC Minutes on the calendar, the financial world is keenly observing any potential shifts in monetary policy, while PMI figures offer insight into manufacturing and service activities. Meanwhile, the USD appears to be poised for change amidst these developments.
📊 US Housing and Employment Indicators
| Event | Previous | Estimate | Actual | Change | Impact | Interpretation | USD Impact |
|---|---|---|---|---|---|---|---|
| Existing Home Sales (Jul) | 3.93M | 3.92M | — | — | High | Stability in home sales suggests a steady housing market. | Neutral, pending actual results. |
| Housing Starts (Jul) | 1.358M | 1.29M | 1.428M | +5.155% | High | Higher than expected housing starts indicate strong demand and potential economic growth. | Potentially supportive, reflecting economic resilience. |
| Initial Jobless Claims (Aug/16) | 224K | 225K | — | — | High | Slightly higher initial claims can signal softening labor market conditions. | Possible minor negative impact on USD. |
🗣️ Key US Economic Events
- Jackson Hole Symposium: The symposium remains a crucial watchpoint for monetary policy insights. It may provide signals regarding the Fed's future policy direction, influencing investor sentiment and market volatility.
- FOMC Minutes: Deliberations within the minutes are crucial for understanding the Fed's stance on interest rates, providing potential guidance on USD trends.
📈 European Economic Indicators
| Event | Previous | Estimate | Actual | Change | Impact | Interpretation | EUR Impact |
|---|---|---|---|---|---|---|---|
| EU CPI (Jul) | 129.1 | 129.1 | 129.12 | +0.015% | High | Stable CPI suggests controlled inflationary pressures in the Eurozone. | Neutral, as changes are minimal. |
| HCOB Manufacturing PMI (Germany, Aug) | 49.1 | 48.8 | — | — | High | PMI below 50 may indicate contraction in the manufacturing sector. | Potentially negative for EUR if contraction trends persist. |
Conclusion
While the US housing market shows signs of strength, the labor market presents mixed signals, requiring careful monitoring. Interest from key events like the Jackson Hole Symposium and FOMC Minutes may steer future monetary policy and USD valuations. Given the stable CPI in the Eurozone, juxtaposed with manufacturing concerns, the current economic conditions are modestly supportive of the USD in the short term.